The Rise of Digital Gift Cards: The Future of Gifting The rise of digital gift cards signifies a seismic shift in the way we give and receive presents. This burgeoning trend offers convenience, versatility, and undeniable popularity. Givers and recipients alike are reaping the benefits of these technologically advanced tokens. As the future of gifting,…
The digital revolution, also referred to as the third industrial revolution, has drastically altered the way we live, work, communicate, and conduct business. With the explosion of digital advancements, businesses across various sectors are setting new trends and adapting to the changing landscape to drive growth and progress. This is where the concept of digital trends comes into play—Market behaviours, customer preferences, technology advancements, and industry innovations that shape the decisions of businesses and startups.
Digital trends cover a wide spectrum of topics including artificial intelligence (AI), machine learning (ML), virtual reality (VR), augmented reality (AR), internet of things (IoT), big data, cloud computing, blockchain, and much more. Each of these technological advancements play a critical role in defining the digital transformation journey of an organisation. For example, AI and ML are enabling businesses to automate routine tasks, gain predictive insights, and offer personalised customer experiences. Similarly, IoT is helping companies optimise their operations through smart and connected devices, while big data enables informed decision making by facilitating the analysis of vast volumes of data.
The bespoke software, app, and web development market itself is also profoundly influenced by these digital trends. Unlike off-the-shelf solutions, bespoke software, applications and websites are custom-made to meet the specific needs of an organisation. This growing trend towards customisation is fuelled by the need for companies to stay competitive, enhance user experience, uphold brand identity, and integrate seamlessly with their existing systems.
As per Statista, the global expenditure on enterprise software was expected to reach approximately 517 billion U.S. dollars in 2021—a testament to the increasing demand for bespoke software solutions. Another intriguing fact is that about 90% of consumers expect an online portal for customer service, driving more businesses to invest in bespoke web development.
These insights merely scratch the surface in demonstrating the tremendous influence of digital trends in shaping the future of businesses. As we continue to delve deeper into the world of digitisation, we can anticipate further trends surfacing within the realms of AI, ML, AR, VR, IoT, and blockchain, among others.
We invite you to explore our Digital Trends section and our broader Blog for more in-depth discussions, information, insights and perspectives around digital trends and the bespoke software / app / web development world. Should you wish to discuss anything, voice an opinion or seek consultation, feel free to Contact Us at CardPEM. We look forward to hearing from you.
